Archived threads in /biz/ - Business & Finance - 6953. page

Why do you want to? Depending on how much you'd probably be broke and/or couldn't really do anything . Live under your means man..

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Maybe with a roomate dingus

>>1387238
>Live under your means man..
>Live under
>under

just buy more quality kneepads to keep your business intact.

>>1387155
I don't understand. I'm a cashier and my knee hurts really bad. How do kneepads help me?

If this isn't bait, go to a fucking doctor.

I bet no one on this board knows shit about actively managed mutual funds

And they really don't need to
I personally wouldn't hire a fund manager even if he did beat the market, fuck him and his business

>Actively managed mutual funds
KYS

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>>1387141
>>1387143
When I originally put money into these funds, it was on the recommendation of a financial advisor that my parents (recently retired) had been seeing. I was interested in putting my money into energy because of the (at the time) recent drop in the price of oil and health sciences because of the expanding biotech aspect.

Looking at alternatives, it appears that Vanguard has both energy (VGENX) and health (VGHCX) funds as well and they're generally known for having lower fees. I see that the expense ratios are about half of what T. Rowe Price offers (PRNEX at 0.67% versus VGENX at 0.37%, and PRHSX at 0.76% versus VGHCX at 0.36%).

That said, given that the amount of money and percentages involved are small, I'd like to stick to my current funds until such time as I am able to get the money out at the target amount of at least $12k. Is that a reasonable course of action knowing the above?

Looking into the future, I have a fair amount of money in savings at present. Would it make sense to plunk down a large amount (tens of thousands of dollars) on one of the Vanguard 500 index funds, for example, VFIAX? I'm currently on the fence about this since I keep hearing about a possible market correction in the near future and with recent events (Brexit, Turkey, etc.) am worried about possible volatility shortly after investing into such a fund.

>>1387044
Dividend aristocrats, reinvest all dividend payments for those sweet compounding gains and cash out when you want to retire.

>>1387044
Create wu coin

Pitch the idea to wu tang clan, get them to only accept wu coin for their albums, give all 8 of them 90% of the wu coins. People have to buy wu coins from wu tang clan in order to spend the wu coins on their music and merchandise.

Wu coin market cap reaches $100 million, you become a wu coin millionaire

>>1387055
Or this OP

Typical plebbit-tier post.

>>1387007
>$0.50 a share

No

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>>1387007
>thinks collecting investments is the first step to start a business
th-thanks kickstarter.com

>>1386998
>How did you get your current job?
Nepotism
>How much did you start making and how much are you making now?
I was given a house and a new car and it becomes legally mine when I graduate from my sociology degree
>Do you have any tips for people who are currently at the bottom of the ladder? Job hunting tips in particular.
Ask your mum or dad to hook you up at their law firm.

>>1386998

>How did you get your current job?
Moved to a suburb of Detroit in 2012. Wifey hooked me up at that place to work in a tiny machine shop. I was a drop out international student because I had addiction issues. I was a button pusher there taking orders from people who didn't even graduate high-school. My wife got fired and decided to just receive her SS check and watch steve wilkos/ maury every morning so I busted my ass learning to use the machines better watching videos on youtube etc. Luckily my dad helped me with a downpayment for a shitty car so atleast that was covered. 2 years after moving up the ladder I applied to a larger machine show where I got an opportunity to go from a CNC machinist to a CNC programmer and my pay increased. They also pay me for schooling so I can atleast have an associate degree.

>How much did you start making and how much are you making now?
$10 in 2012, $19 in 2014 after moving to the new shop. $22.50 in 2016. I still go to school whenever I get a chance and take a course that looks good on my resume.

>Do you have any tips for people who are currently at the bottom of the ladder? Job hunting tips in particular.
Be social. It is better to get a job through work of mouth. Get your foot in the door of a larger company even if the pay is stupid. Being a laborer in shipping/receiving, an office boy etc etc. Serve them, don't show an attitude. It is expected that you won't be treated with the most respect. Be consistent, don't miss days of work, be on time etc etc. Show a CONSISTENT desire to work your way up. Management always notices that. Try to stay away from fast food jobs. Whatever the sign says, it is not a fucking career. If you're black, don't have a name like Jamal or Devante.

>>1386998
Got my job because the first person they hired was a shit and got fired, so they hired me after I said I was still interested.

Started at 16.65 hourly, two years later now make about 17.00 hourly.

Best advice I can give is... don't work for the USPS. They are shifting to a temp workforce because full-timers are too expensive, and the unions are helping this process greatly by negotiating for the interests of full-timers and letting management do whatever the fuck they want to part-time workers (even new full-timers get shit on to be honest; the union agreed to a two-tier wage system in 2012 and now everyone like me makes 30% less than the old bastards who signed up before that date, and there is absolutely no indication that this will change for the better).

I actually work more hours than any of the regular staff at my office, managers and supervisors included. I work Sundays, federal holidays, and do clerk work when our clerks are sick or on vacation (a big no-no if anyone cared to report it, which they do not). I've nearly been killed or injured several times delivering packages on icy roads late at night on Christmas season. I've been underpaid for days I worked and my pay check is consistently late with no explanation. I've worked hundreds of unpaid hours because of the way our pay structure works (piece work system insures our pay is the same no matter how long it takes to finish our deliveries, unless we go into overtime, which no longer happens).

Sorry if this sounds like blogshit but I'm giving you my personal experience so you don't make the same mistake I did... bottom line is don't go into a union gig without asking how the union treats new guys. If they treat them all like shit then odds are the field isn't one you really want to be in anyway.

>>1386986
Can you please include the name of your crypto in the title or body of the post as a courtesy to the half of the board that uses filters?

Thanks bro!

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>>1386988
Come on mate. You know we know what time it is.

Missed the easy mining phase.

not really

The guy is worth $2b or so, would you really care about making a couple hundred million or so more at that level? I know I'd just wanna enjoy life

>>1386976
He could save the video game industry if he wanted.
But he won't. Cause he's a lying fat hedonist.

https://www.kvk.nl/

>What is something people need or want?
Money, food, sex.

>>1386914
people want business ideas

>>1386914
>European
>starting a business

AHAHAHAHHAHAHAHAHA
I hope you aren't serious. Unless you have a rich family or do this off the books you won't stand a chance buddy.

As you may or may not know, the primary form of income for internet poker sites, such as Donkeystars; FullFraud; etc... is RAKE. That is also the poker player's greatest ennemy since it has the ability to bankrupt anyone who doesn't properly engage it.
If, for argument sakes', I were to play NL Hold'em in ring games on any one of those sites, taking great precaution to minimize my risks and making use of any of the well known methods to gain an advantage, (bankroll management; utilizing poker softwares; tracking and keeping notes on other players; fish-baiting; scrupulously picking my tables; etc...) I would still end up loosing in the long run.
Why? Because as magic puts it, "once you're rigged to lose, you're rigged to fucking lose". Donkeystars or any other poker site is flawed despite what others' might think. But, if you choose not to delude yourself and decide to accept this fact and confront it, there is a way around it.

>>1386908
See, unlike ring games whose rake is taken every single pot, STGs or Sit N' Go games, (nb: STGs and tournaments are two different games which require different strategies) are raked only once at the beginning of the game. So if I were to play STGs and only STGs, I might end up winning in the long run. Like I said before, ring games are taxed accordingly every hand, so the greater the pot, the greater the rake, the greater the profit for poker sites. Do the math. Players often find themselves being set up by the sites in order to tempt them to invest the maximum in a pot only to lose in a hand whose percentage of them winning was 99.99% up until the river... of course, haha! But... STGs are different, the rake is collected only once so how big the pot is, or who wins really doesn't make no difference whatsover to the site, so it's unlikely that they involve themselves as they do with ring games. There's also countless other advantages to playing STGs only which I won't get into because that would require me to write a book or at least a pamphlet about it. It's possible to minimize the risk to such extent that "luck" is out of the game altogether.

Thanks! And, I'm eager to read what some of you might have in mind that could possibly help me prevail here in Ethiopia, most of what you initially propose won't apply because Ethiopia is far behind, both technologically and economically, that and the gov' has monopolized many sectors so it's near impossible to enter the field. Think 10-20 years behind, lag yourself a little and give me ideas which you'd think off if you were at the advent of the internet, the stock market, commodity trading, etc... Most people are wagecuck here in Addis, but I want to make it, /biz/ and I trust that you've got the answer for my problems.
Also, general 3rd world /biz/ ideas.

>Tl;dr... This is a thread for intellectuals, GTFO with your shitposting.

>>1386906
Ethiopia... stopped reading there, bye.

TrumpCoin

>>1386852
/thread

Nah for real, come up with an app idea that breaks rules, does something nobody would have expected

Facebook, Snapchat, Netflix all did this

Research a particular industry extensively.
>food
>online shopping
>film
>gaming
>books

A good model at the moment is renting instead of buying
particularly in industries with a high amount of products/content being produced

Netflix and Spotify are great examples of these
Instead of having to buy the products, pay a set amount each month and retain the right to choose whatever you like when you like

Long Bitcoin and make 10 times your profit

https://whaleclub.co/join/CiCCMS

They only recruit interns from 'target' Universities.

There are 5 in the UK, Ivy League in the USA and a bunch of European/East Asian ones - depends where you're from.

If you don't go to these, you will, with a very high probability, never have a successful application and must find an alternative route.

>>1386801
That's because they only recruit women and minorities now.

https://www.youtube.com/watch?v=gjEdT-Hq1dU
https://www.youtube.com/watch?v=7e2i0lRgUbM

They're really trying to get rid of their "bad guy" image.

>>1386811
Unfortunately this.

>>1386801
OP, either have amazing extra curricular or fuck off. No IB will take you in, they are hellbent on prestige.

I didn't go to an ivy league, but, my brother did and he works at one of OP image. He said out of his batch of 20 interns there are 2 that went to a non ivy league, both of them are in markets (trading for you noobs). I suspect the reason is markets are purely perfomance based so they probably had some prior experience to investing or trading with good records so the bank saw that they are trainable. All the other sides of the bank like M&A etc are filled with ivy leagues for multiple reasons.

Prestige
Tend to be smarter
Tend to be more hardworking
Tend to have more connections which gets them through the door
Banks have a strong connection to top tier schools
They tend to be more active in extra curricular. IB's like winners, if you are the national champion or state champion for something they will take you in.

>>1386801
>>1386801
You wouldn't want to work in IB anyway, if they don't take you in you should move along. At a graduate level they work every 2nd weekend while staying at the office till early hours in the morning (source: my brother would work during holiday weekends).

>>1386794
>How much do you think you owe your parents?

$0

i dont owe someone for a contract i never signed. Thats called slavery.

now if i had DEMANDED for them to pay my way through university, which i didnt, then id owe them it back plus a little in interest

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>>1386794
What do you think you owe your parents?

I don't owe them anything. I told them tonight by the time I'm 30 I will take every single penny they've earned from them for treating me how they did for 20 years.

I will not help them at all and the moment I'm finished college they are dead to me, I will never speak or have anything to do with my family the day I graduate, I'll never ever speak to them after that day.

They pretty much did nothing wrong or good. Most of the time i was on my own but somehow it worked out quite good.
Will pay for their mortage as well as any upcoming cost in the future.
Their fortune will be mine in the future so why dont be a nice kid?

>>1386699
What if I don't know shit about the stock market?

>>1386700
Just buy various dividend stocks and ride on them sweet dividends don't fall for the meme buying penny stocks hoping they'll go up.

>>1386697
I'd keep at least some of it liquid so you won't be strapped for cash if anything happens outside your budget.

That's nigger tier personal finance.

How much are you making a month at your job? What are you doing for transportation?

You need to get that consumer debt taken out as soon as possible. You're just compounding the cucking of yourself every time you pay interest on it.

>>1386622
>700 in an acc you cant touch with high interest rate
>4100 in debt.

your one of those special people arnt you

>>1386634
I know right I am very ashamed about it.

3000 a month is what I earn currently while at university.

The 700 can't be touched for a variety of reasons otherwise I definitely would put it straight on the loan, however it only costs 10 dollars a month interest.